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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net income $ 56,143 $ 75,781
Adjustments to reconcile net income to net cash provided by continuing operating activities:    
Depreciation and amortization 50,544 46,166
Amortization of debt issuance costs 2,463 6,382
Equity-based compensation expense 16,065 10,787
Deferred income taxes 8,457 22,136
Loss (income) from discontinued operations, net of taxes 12,641 (29,130)
Debt extinguishment costs 24,650 3,271
Loss on impairment 23,214  
Other 828 (955)
Change in operating assets and liabilities:    
Accounts receivable, net (12,972) 11,015
Other current assets (32,056) (9,029)
Other assets 7,276 1,949
Accounts payable and other accrued liabilities 11,306 40,034
Accrued salaries and benefits 8,823 (1,455)
Other liabilities (11,121) 26,322
Net cash provided by continuing operating activities 166,261 203,274
Net cash provided by discontinued operating activities 253 61,668
Net cash provided by operating activities 166,514 264,942
Investing activities:    
Cash paid for capital expenditures (112,953) (114,251)
Proceeds from U.K. Sale 1,511,020  
Settlement of foreign currency derivatives (84,795)  
Proceeds from sale of property and equipment 899 43
Other 4,953 (4,847)
Net cash provided by (used in) continuing investing activities 1,319,124 (119,055)
Net cash used in discontinued investing activities   (20,874)
Net cash provided by (used in) investing activities 1,319,124 (139,929)
Financing activities:    
Borrowings on long-term debt 425,000 450,000
Borrowings on revolving credit facility 430,000 100,000
Principal payments on revolving credit facility (305,000) (100,000)
Principal payments on long-term debt (2,656) (21,242)
Repayment of long-term debt (2,227,935) (450,000)
Payment of debt issuance costs (7,964) (10,595)
Common stock withheld for minimum statutory taxes, net 13,261 (1,377)
Distributions to noncontrolling interests (633) (451)
Other (6,929) (854)
Net cash used in continuing financing activities (1,682,856) (34,519)
Net cash used in discontinued financing activities   (1,490)
Net cash used in financing activities (1,682,856) (36,009)
Effect of exchange rate changes on cash 4,067 (1,257)
Net (decrease) increase in cash and cash equivalents, including cash classified within current assets held for sale (193,151) 87,747
Less: cash classified within current assets held for sale   (44,268)
Net (decrease) increase in cash and cash equivalents (193,151) 43,479
Cash and cash equivalents at beginning of the period 378,697 124,192
Cash and cash equivalents at end of the period $ 185,546 $ 167,671